Veidekke ASA : Veidekke ASA : Mandatory notification of trade - Shares to
senior executives 2013
773 senior executives in Veidekke have received offers to purchase between 50
and 5,000 Veidekke shares each. The senior executives could choose between
three alternatives: Option A with 20 % discount and partial financing (1,500 -
5,000 shares), option B with 30 % discount and no financing (1,500 - 5,000
shares) and option C with 20 % discount and no financing (50 - 1,500 shares).
413 senior executives subscribed for a total of 1,262,955 shares during the
subscription period from 7 to 14 May. However, in option A, there was an
oversubscription. After a reduction, the employees were permitted to purchase
between 1,500 and 4,200 shares each in option A. Option B and option C had no
oversubscription. After the reduction a total of 1,191,155 shares were
allocated.
The offer prices were NOK 35.20 (option A and C) and 30.80 (option B) after
the 20 % / 30 % discount on the market price during the subscription period.
The lock-in period for the shares is 3 years.
The purchases of primary insiders, as well as new holdings, are attached to
this report.
Contact persons:
Communications Director Kai Krüger Henriksen, tel. +47 90 51 93
60,kai.henriksen@veidekke.no
Assistant Financial Director Christopher M. Bjerke, tel. +47 99 58 18 02,
christopher.bjerke@veidekke.no
Finance Manager Marte Hoggen Bolsø, tel. +47 93 63 25 77,
marte.hoggen.bolso@veidekke.no
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
Shares acquired by Primary Insiders May 2013
------------------------------------------------------------------------------
This announcement is distributed by Thomson Reuters on behalf of Thomson
Reuters clients.
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other
applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of
the
information contained therein.
Source: Veidekke ASA via Thomson Reuters ONE
HUG#1701850